CADCHF - SELL
CADCHF - SELL POSITION
Price created a market shift with seller momentum leaving a area of imbalance behind.
Price then started pulling back creating a opposing break of structure which means the low of that structure is our targeted liquidity followed by the low of the whole structure as liquidity points.
Fibanacci retracement levels marked out with my trade entry point being the 71% fibancci level which price has tapped into.
Sell trade is entered targeting the low of the whole structure with my stop loss being the high of the structure.
Now patients is at play and we wait for results.
Price created a market shift with seller momentum leaving a area of imbalance behind.
Price then started pulling back creating a opposing break of structure which means the low of that structure is our targeted liquidity followed by the low of the whole structure as liquidity points.
Fibanacci retracement levels marked out with my trade entry point being the 71% fibancci level which price has tapped into.
Sell trade is entered targeting the low of the whole structure with my stop loss being the high of the structure.
Now patients is at play and we wait for results.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.